Consistent financial surpluses, such as $109,621 in 2023 ($637,043 revenue - $527,422 expenses).
Zero reported officer compensation across all 13 filings, indicating high efficiency in leadership costs.
Strong asset growth, from $311,184 in 2014 to $740,766 in 2023.
Low and well-managed liabilities, consistently below 5% of assets in recent years.
Positive revenue trend and overall financial stability over a decade.
Spending Breakdown
How Annapolis Wellness Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Annapolis Wellness Corporation
Is Annapolis Wellness Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Annapolis Wellness Corporation (EIN: 205764752) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Annapolis Wellness Corporation a good charity to donate to?
Annapolis Wellness Corporation has a Mission Score of 92/100. Revenue: $1.0M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Annapolis Wellness Corporation?
The Employer Identification Number (EIN) for Annapolis Wellness Corporation is 205764752. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Annapolis Wellness Corporation spend its money?
Annapolis Wellness Corporation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Annapolis Wellness Corporation's tax-exempt status?
You can verify Annapolis Wellness Corporation's tax-exempt status using EIN 205764752 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Annapolis Wellness Corporation demonstrates a generally stable financial position with consistent revenue generation over the past decade. In the most recent filing (202312), the organization reported revenues of $637,043 against expenses of $527,422, indicating a healthy surplus. Their assets have shown steady growth, reaching $740,766 in 2023, while liabilities remain relatively low at $25,051, suggesting good financial management and solvency. The organization's consistent filing history and zero reported officer compensation across all available filings point to a strong commitment to transparency and efficient use of funds, particularly regarding leadership costs.
While specific program spending percentages are not detailed in the provided summary, the consistent surpluses and low liabilities suggest that the majority of funds are likely directed towards their mission. The absence of officer compensation is a significant positive indicator for donor confidence, as it implies that leadership is either volunteer-based or compensated through other means not classified as officer compensation, further maximizing funds for programmatic activities. The organization's financial health appears robust, with a clear trend of increasing assets and controlled expenses, positioning it well for continued impact.